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Jul 22, 2011
07/11
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president, how big is this scheme? well, here's what our own permanent subcommittee on investigations has told us: "experts have estimated that the total loss to the treasury from offshore tax evasion alone approaches $100 billion per year, including $40 billion to $70 billion from individuals and another $30 billion from corporations engaging in offshore tax evasion. abusive tax shelters add tens of billions of dollars more." mr. president, you want to lock in these abuses? you prefer to pay more in taxes yourself so that people can engage in these scams? vote for this amendment. vote for the legislation that's before us. vote for what is on the floor because you'll protect them forever more. mr. president, i end as i began. this is perhaps the most ill-conceived, ill-considered, internally inconsistent legislation that i have ever seen in my 25 years in the united states senate. i hope my colleagues have the wisdom to vote "no." i thank the chair and yield the floor. the presiding officer: the senator indiana. mr. co
president, how big is this scheme? well, here's what our own permanent subcommittee on investigations has told us: "experts have estimated that the total loss to the treasury from offshore tax evasion alone approaches $100 billion per year, including $40 billion to $70 billion from individuals and another $30 billion from corporations engaging in offshore tax evasion. abusive tax shelters add tens of billions of dollars more." mr. president, you want to lock in these abuses? you...
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Jul 29, 2011
07/11
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FOXNEWSW
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 23, 2011
07/11
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i t
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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Jul 30, 2011
07/11
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it really hasn't fixed a big problem. if we are going to do it give something that gives aus guaranteed vote before the end of the year that we will vote on the big package to fix what we can. laid out and worked out with the simpson bowles, the debt, the gang of six. a group that basically makes sense. >> greta: are both speaker boehner and senator reid's bills creating more trouble later and not solving the problem and just an effort to sort of get something done and even like a band aid to get us to the next step. >> i'm brand new up here but i have always looked and my mind thinks if you have a problem you fix it because you will have another problem tomorrow. if you have a problem and you don't fix it and you put a band aid on it and that scabs maybe doesn't heal up and you got to deal with it again. we do we want to go back and do this again. >> greta: you are not the only ex-governor. senator warner and senator ben nelson as well. >> lamar alexander. john hogan. >> greta: are you sort inform a special club here? yo
it really hasn't fixed a big problem. if we are going to do it give something that gives aus guaranteed vote before the end of the year that we will vote on the big package to fix what we can. laid out and worked out with the simpson bowles, the debt, the gang of six. a group that basically makes sense. >> greta: are both speaker boehner and senator reid's bills creating more trouble later and not solving the problem and just an effort to sort of get something done and even like a band...
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Jul 29, 2011
07/11
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FOXNEWSW
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 25, 2011
07/11
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MSNBCW
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eye 84
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governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be running these days. i appreciate your -- up next, the gunman in those horrific attacks in norway says he wanted to take his country back for the muslims and immigrants, blaming liberals for pushing multiculturalism. a very sensitive topic. let's look at 9 state of right wing extremism in europe. this is "hardball" only on msnbc.ç announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better ser
governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be running these days. i appreciate your -- up next, the gunman in those horrific attacks...
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Jul 30, 2011
07/11
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FOXNEWSW
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eye 146
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it really hasn't fixed a big problem. if we are going to do it give something that gives aus guaranteed vote before the end of the year that we will vote on the big package to fix what we can. laid out and worked out with the simpson bowles, the debt, the gang of six. a group that basically makes sense. >> greta: are both speaker boehner and senator reid's bills creating more trouble later and not solving the problem and just an effort to sort of get something done and even like a band aid to get us to the next step. >> i'm brand new up here but i have always looked and my mind thinks if you have a problem you fix it because you will have another problem tomorrow. if you have a problem and you don't fix it and you put a band aid on it and that scabs maybe doesn't heal up and you got to deal with it again. we do we want to go back and do this again. >> greta: you are not the only ex-governor. senator warner and senator ben nelson as well. >> lamar alexander. john hogan. >> greta: are you sort inform a special club here? yo
it really hasn't fixed a big problem. if we are going to do it give something that gives aus guaranteed vote before the end of the year that we will vote on the big package to fix what we can. laid out and worked out with the simpson bowles, the debt, the gang of six. a group that basically makes sense. >> greta: are both speaker boehner and senator reid's bills creating more trouble later and not solving the problem and just an effort to sort of get something done and even like a band...
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Jul 29, 2011
07/11
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FOXNEWSW
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eye 172
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 22, 2011
07/11
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CSPAN2
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eye 145
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serious crediblethat t big substantial thing to do with theges debt, you're in big trouble. li so i would submit to the biggest's one ve issue is not the debt limit.raised. the debt limit is the easiest s we issue. that's when away from being too raised. our biggest issue is the debt and the fact is as we speak we shoul there's no plan in place to begin to do anything about it. our credit is in danger because of this amount so we should be substan focused on like a laser. to available a substantial plan the look like? let's take it from the weights of these credit companies. it has destabilized that since i4 trillion mht began to show deficits come down.h. do. we know 1.5 chilliness not enough. we know for trillion might beence. enough. this is what we need to do. so how do you do th'sis?hat hav t o i do get their? it's not rocket science. it's a pretty simple mix of mone to things that have to happen. you have to stop spending three you k and you can't use any more money than you have. if you're in debt and you keeply goi firing, a lot of more money thanhing you h you take
serious crediblethat t big substantial thing to do with theges debt, you're in big trouble. li so i would submit to the biggest's one ve issue is not the debt limit.raised. the debt limit is the easiest s we issue. that's when away from being too raised. our biggest issue is the debt and the fact is as we speak we shoul there's no plan in place to begin to do anything about it. our credit is in danger because of this amount so we should be substan focused on like a laser. to available a...
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100
Jul 23, 2011
07/11
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CSPAN
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eye 100
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated pers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our sponsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i think
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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Jul 26, 2011
07/11
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CSPAN2
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eye 62
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so it came as a pretty big shock that you, mr. president -- i'm still on my second shot on the free shot. he is now asking me to quit talking, start shooting. but i would say it comes as a pretty big shock to those workers that yourself and the democratic members in both chambers would direct an attack on this industry. and this is true that i don't know how many members of the senate, not too many. my word, i don't know how many members of the house, i have heard that corporate jet, corporate jet. it has a ring to it i guess. but at any rate, why would you repeal a tax provision that has contributeed to job creation at a time of severe economic downturn, in fact, the one that you actually suggested? but there's more, there's more, mr. president, your ball. on top of this budget negotiators are considering implementing user fees on general aviation as a way to generate revenue. we have been down that road. let me be very clear. if user fees on general aviation are implemented, we could very well see the beginning of the end for th
so it came as a pretty big shock that you, mr. president -- i'm still on my second shot on the free shot. he is now asking me to quit talking, start shooting. but i would say it comes as a pretty big shock to those workers that yourself and the democratic members in both chambers would direct an attack on this industry. and this is true that i don't know how many members of the senate, not too many. my word, i don't know how many members of the house, i have heard that corporate jet, corporate...
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Jul 23, 2011
07/11
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CSPAN
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eye 124
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i t
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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156
Jul 25, 2011
07/11
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MSNBCW
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eye 156
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governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal.ç and chris christie. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be skinny these days. i appreciate your -- up next, the gunman in those horrific attacks in norway says he wanted to take his country back for the muslims and immigrants, blaming liberals for pushing multiculturalism. a very sensitive topic. let's look at the state of right wing extremism in europe. this is "hardball" only on msnbc. >> ( rooster crows ) >> by 2020, 50 billion network devices will roam the earth. that's seven devices per person. this will change how we work in ways we've never before imagined. what do you need to secure your people, their devices, and your business? a network that can evolve and
governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal.ç and chris christie. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be skinny these days. i appreciate your -- up next, the gunman in...
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Jul 30, 2011
07/11
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FOXNEWSW
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eye 202
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the buttons are nice and big and colorful. so kids can figure out how to use them easily. >> rick: ava, what do you think of that one? do you like it? >> yeah. >> ava is hold ago disney camera you can print your favorite princess into your camera. >> rick: you want that one? >> the leg goes go camera, that's for 7 and up. but it was very popular with our kid testers. in fact, a lot of grownups at "consumer reports" really liked that camera, too. it's leggo. it's so cool. >> rick: my kids watch my wife and me taking pictures and they want to do the same thing. >> they're great because they're easy to use for the kids. they don't take the big quality pictures, but it doesn't matter, because they have fun playing with them. >> rick: this is a company that i recognize. they make a lot of great stuff. i'll give this one to ava. >> this is our top pick for younger kids. it has all the bells and whistles that the other cameras have. it's also a gaming machine. it has a couple built-in games and has settings that you can set and a vol
the buttons are nice and big and colorful. so kids can figure out how to use them easily. >> rick: ava, what do you think of that one? do you like it? >> yeah. >> ava is hold ago disney camera you can print your favorite princess into your camera. >> rick: you want that one? >> the leg goes go camera, that's for 7 and up. but it was very popular with our kid testers. in fact, a lot of grownups at "consumer reports" really liked that camera, too. it's...
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Jul 29, 2011
07/11
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there's big battles over the budget. the democrats are getting push back because they went along with governor chris christie. they just slashed benefits for state employees. it's got to be a topic that come ups again if you're elected. how would you move forward on that knowing on the one hand you have state employees who want their benefits in the other, new jersey has the highest property taxes in the nation. >> we know we have the highest property taxes. with the governor slashing the communities it's raising the taxes in those communities. what we need to do is understand that i am 100% for collective bargaining. we fortunate have a situation where that grandfathers in and goes away. the future is now new jerseyians coming together making sure that we continue to push our good schools. we have great schools in jersey. my biggest thing is we have to strive to be the best. we're cutting women's services and all these areas. the reality is that's just passing it on to someone else. >> we were talking about why you chos
there's big battles over the budget. the democrats are getting push back because they went along with governor chris christie. they just slashed benefits for state employees. it's got to be a topic that come ups again if you're elected. how would you move forward on that knowing on the one hand you have state employees who want their benefits in the other, new jersey has the highest property taxes in the nation. >> we know we have the highest property taxes. with the governor slashing the...
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Jul 27, 2011
07/11
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CSPAN2
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it reminds me of "too big to tpaeug" the movie -- too big to fail, the movie. they got all the money and then didn't spend a dime on it with helping with mortgages. the damage we're doing to our aviation system is incredibly real. and if we fail to act in a timely manner, it may be so devastating as to become irreversible. when you think about it, it does make sense. if you operate on somebody and cut beyond a certain point, you can't reverse the damage. with so much pain being inflicted on so many, you may ask why my republican colleagues have refused reputed requests to pass a clean extension, something we have done 20 times in the past four years. they are willing evidently to hurt so many of the benefit -- so many people for the benefit of one company. it's called delta airlines. the chairman of the house transportation committee has stated publicly the house-inserted language on the essential air service program, we need that to leverage the senate on including provisions on relating to the national mediation board. now, what do i mean by that? what they s
it reminds me of "too big to tpaeug" the movie -- too big to fail, the movie. they got all the money and then didn't spend a dime on it with helping with mortgages. the damage we're doing to our aviation system is incredibly real. and if we fail to act in a timely manner, it may be so devastating as to become irreversible. when you think about it, it does make sense. if you operate on somebody and cut beyond a certain point, you can't reverse the damage. with so much pain being...
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Jul 30, 2011
07/11
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we institutionally -- when you run a big institution you have to make sure it is not a check the box issue. we have leaders in our produce and we try to create incentives to allow the tasking leaders to work on products that have particular gender dimensions. i want to build it into the dna of people doing this. any time you face a challenge like this, you have to decide on building it as a separate capacity or trying to learn and then integrate it into the organization. we have tried to use the pilots in specialized aspects, trying to use research to increase people's attentiveness, but then how you scale it up. >> one more question. we have two minutes. that is our time. can you briefly comment on the latest demise of the world trade talks? >> i did this recently. i got a little attention. what i would just say is this. the general environment is that doha is doomed. people are looking beyond it. i believe that this would be an extreme tragedy for the international system. at the time we talk about pro- growth trade, we have seen it be one of the best drivers of growth. my own beli
we institutionally -- when you run a big institution you have to make sure it is not a check the box issue. we have leaders in our produce and we try to create incentives to allow the tasking leaders to work on products that have particular gender dimensions. i want to build it into the dna of people doing this. any time you face a challenge like this, you have to decide on building it as a separate capacity or trying to learn and then integrate it into the organization. we have tried to use...
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Jul 26, 2011
07/11
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CNNW
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there's no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we are up to the tax and i hope that president obama will join must this work. god bless you and your family and god bless the united states of america. >> speaker of the house john >> we are staying on top of the story, this is an historic highs in washington, d.c. one mike from tomorrow, the nation will have a default crisis unless there is a compromise, some sort of deal is worked out. i am wolf blitzer washington, special coverage continues right now with "piers morgan tonight." >> thank you for chain with us. >> bible start with you, the talk of compromise, it seems cheat me that both of the equivalent of the bay of pigs, who will blink first? >> the president doesn't have to say because he doesn't have a boat. it was a moment to isolate the republican speaker of the house and urge him to try to change pass and find out to compromise. we heard him hawed speaker peter tight and say you work with the president. i a
there's no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we are up to the tax and i hope that president obama will join must this work. god bless you and your family and god bless the united states of america. >> speaker of the house john >> we are staying on top of the story, this is an historic highs in washington, d.c. one mike from tomorrow, the nation will have a default crisis unless there is a...
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Jul 7, 2011
07/11
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eye 75
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but we can take a big step in the right direction. that's really what our country men and women want us to do. i'm glad that i got to hear part of the senators speech. i'm glad i have a chance to commend him for this leadership on the vexing and important problem that we need to deal with. >> i thank the senator. i yield the floor. >> u.s. senate today voted to continue moving forward with a nonbinding measure saying those earning more than $1 million should contribute more to federal debt reduction. they passed the motion to limit the debate, 74-22. after the vote, senate democratic leader harry reid announced no more votes in the senate. arizona republican said the senate gave up a week long 4th of july recess to work on debt ceiling and isn't accomplishing anything. we begin with kay hutchinson who opposes any tax relief. >> senate hutchinson, i was wondering the view that we've been terribly over worked this week. i understand that we canceled our 4th of july recess in order to get back here and get to work and do the people's bus
but we can take a big step in the right direction. that's really what our country men and women want us to do. i'm glad that i got to hear part of the senators speech. i'm glad i have a chance to commend him for this leadership on the vexing and important problem that we need to deal with. >> i thank the senator. i yield the floor. >> u.s. senate today voted to continue moving forward with a nonbinding measure saying those earning more than $1 million should contribute more to...
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95
Jul 28, 2011
07/11
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FOXNEWSW
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eye 95
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>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you are 1,000 percent broughts in bigger spoiled broughts than market. >>neil: well, you have not met my children. >>guest: and the traders do not care. they know. they understand the real armageddon but that is good enough for wall street. you saw the rebound after we thought greece was rebounded. a heck of a rebound, one week. >>neil: and we realized it was crappy. >>guest: you are right. to try to appease wall street is a huge mistake. the federal deserve does it all the time and the government does et all the time but they play games. washington and wall street. they use each other. >>neil: you are saying
>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you...
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Jul 7, 2011
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i hope they think big. i hope they swing for the fences and get a result and bring it back to us and let us consider it and hopefully -- hopefully enact it and get on to other things. we -- the debt is a major long-term problem, not just for our grandchildren but for us today. we have a bigger issue facing us, and that is the fact that we have had persistent unemployment in an economy that's not growing, and that's hurting too many people. so the sooner we swing for the fences and get a result and get our debt under control and deal with it in a bipartisan way, the better for the country and the quicker we will be able to get on to the larger question of jobs. of course, economists have made it clear to us that getting the debt under control has a lot to do with jobs, that when our total debt is as high as it is today, nearly 100% of our gross domestic product, that that probably costs us a million jobs a year. we can't solve all that in one day or one month, but we can take a big step in the right directio
i hope they think big. i hope they swing for the fences and get a result and bring it back to us and let us consider it and hopefully -- hopefully enact it and get on to other things. we -- the debt is a major long-term problem, not just for our grandchildren but for us today. we have a bigger issue facing us, and that is the fact that we have had persistent unemployment in an economy that's not growing, and that's hurting too many people. so the sooner we swing for the fences and get a result...
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Jul 29, 2011
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 26, 2011
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there is no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy our future. we are up to the task. i hope president obama will join us in this work. god bless you and your family and god bless the united states of america. >> so now we've heard from the speaker of the house and the president of the united states. different perspectives, different perspectives indeed. the speaker speaking for bonl five minutes. the president about 15 minutes. the major difference is whether or not another vote will be required next year to deal with these problems. the speaker saying yes, indeed. up to congress to have another vote next year. the president saying he wouldn't go along with that. he doesn't want to put the country through that one more time. we're staying on top of this story. this is an historic night in washington, d.c. one week from tomorrow, the nation will have a serious default crisis unless there is a compromise. unless the deal is worked out in the coming days. our special coverage continues
there is no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy our future. we are up to the task. i hope president obama will join us in this work. god bless you and your family and god bless the united states of america. >> so now we've heard from the speaker of the house and the president of the united states. different perspectives, different perspectives indeed. the speaker speaking for bonl five minutes. the president about 15...
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Jul 30, 2011
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that's the big sticking point here in the united states senate. we need to know that if there is a trigger that is used, an automatic way in which money is going to be held back, that money has to be held back in a fair and balanced way, which means you don't just cut. you also have to have the threat of revenue. because if you don't have the threat of revenue, then the side that only wants to cut can just wait for nothing to happen, and the cuts take place automatically. there's no threat to them. there's no leverage to them to come to agreement on the other things. that's reasonableness, i believe, mr. president. i think what we're looking for here is reasonable. it is fair. and it is balanced. mr. president, the house strategy has been essentially not to negotiate. not to negotiate. now, we also know that there are a lot of misstatements out here. senator reid just corrected one a moment ago about a deal. in addition to that, we keep hearing people say that there's no plan. the president doesn't have a plan, that nothing's been reduced to writi
that's the big sticking point here in the united states senate. we need to know that if there is a trigger that is used, an automatic way in which money is going to be held back, that money has to be held back in a fair and balanced way, which means you don't just cut. you also have to have the threat of revenue. because if you don't have the threat of revenue, then the side that only wants to cut can just wait for nothing to happen, and the cuts take place automatically. there's no threat to...
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Jul 31, 2011
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the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator from maryland is speaking right now. we just heard from the senate majority leader, harry reid, who told us that he believes they are close to an agreement, which is something that senate mitch mcconnell told us earlier today. i'd like to play for you now, while we're waiting to hear from senator mitch mcconnell on the senate floor, something gene sperling, the director of the national economic council, told me. he said that tax cuts are not on the table for about a year and a half. let's take a listen. thanks for being with us this morning. >> thanks for having me. >> i know you're working around the clock
the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator...
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Jul 26, 2011
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lawrence, our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. >> congressman walsh, you know that the government got bigger every year under the reagan presidency, so much bigger every year under the reagan presidency that ronald reagan had to ask you in congress, you weren't there, but congress, he had to ask congress for a debt ceiling increase 18 times, and congress gave him a debt ceiling increase 18 times. would you have voted no on every one of the 18 ronald reagan debt ceiling increases? >> lawrence, i'll give you an honest answer, i don't know. what's interesting to me is -- >> so there might have been a debt ceiling increase you might have voted for, just not a obama debt ceiling increase. >> no, no, no. 20 to 30 years ago, who knows. what i find interesting -- you're right in your history, why is the debt ceiling such a big issue now? and i guess my answer would be is because the crisis is s
lawrence, our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. >> congressman walsh, you know that the government got bigger every year under the reagan presidency, so much bigger every year under the reagan presidency that ronald reagan had to ask you in congress, you weren't there, but congress, he had to ask congress for a debt ceiling increase 18 times, and congress...
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it has a big impact on everyone. and that's what they should take into consideration, who will be impacted by this and how will they impact future generations. >> reporter: students getting pell grants could be among the first to feel any impact. pell programs have been on the chopping block since republicans took over the house. a recent round of cuts slashed pell grants for summer school, fred. >> so what are, you know, the student aid agencies actually saying about this, those who are actually giving out grant scholarships, et cetera. >> administrators simply don't know that is going to happen. and we talked to the department of education and they're telling us they're trying to work out the details about what might happen. so at this time, big question mark about what is next. >> whole lot of waiting and seeing. all right, thanks so much. susan candiotti in new york. >>> with democrats, republicans and tea party supporters still debating, the debt ceiling, many business owners around the country fear a new downtu
it has a big impact on everyone. and that's what they should take into consideration, who will be impacted by this and how will they impact future generations. >> reporter: students getting pell grants could be among the first to feel any impact. pell programs have been on the chopping block since republicans took over the house. a recent round of cuts slashed pell grants for summer school, fred. >> so what are, you know, the student aid agencies actually saying about this, those...
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Jul 22, 2011
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big state 24 million. better than one out of every 20 americans lives in texas. we are a pretty republican state. that gives him a big base to jump into a national contest. he's running. he had a meeting earlier this week in austin of fundraising types. two such meetings next week. policy experts flowing in and out of the city. he's getting ready to run. i suspect we'll see him step on to the stage in early august in houston when he has/ a big event. he will be in the race. >> greta: what are his bragging rights besides a big state? the governor in texas is different than the governorships we are accustomed to around the country. >> he has kept spending in check. presided over a conservative budget. and as a result, texas has been growing jobs when the rest of the country was hurting bad. texas was doing all right. we've created more jobs in texas in the last several years than the rest of the country combined. he helped governor bush before he became president, passed a medical liability reform and govern
big state 24 million. better than one out of every 20 americans lives in texas. we are a pretty republican state. that gives him a big base to jump into a national contest. he's running. he had a meeting earlier this week in austin of fundraising types. two such meetings next week. policy experts flowing in and out of the city. he's getting ready to run. i suspect we'll see him step on to the stage in early august in houston when he has/ a big event. he will be in the race. >> greta: what...
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Jul 18, 2011
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until then, a big tank is for studio audience in a big tank is to former massachusetts governor, mitt romney. [applause] fcc commissioner robert mcdowell on the fcc's actions this week to begin cracking down on unauthorized service charges on consumers phone bills. that and other issues in front of the sec on "the communicators" on c-span2. >> have you ever visited the library of congress? over 2 million people have a now this is your chance to tour the world's largest library. tonight joined c-span for a look inside the library of congress. we will take you into the great hall and explore the main reading rooms. you will find unique books and the rare books and special collections including original books from thomas jefferson's personal collection and we'll see how the libraries using modern technology to discover hidden secrets and to preserve its holdings for future generations. join us for the library of congress tonight at 8:00 p.m. eastern and pacific on c-span. >> the senate has completed its business for the day and will gavel and tomorrow at 10:00 a.m.. earlier on the floor
until then, a big tank is for studio audience in a big tank is to former massachusetts governor, mitt romney. [applause] fcc commissioner robert mcdowell on the fcc's actions this week to begin cracking down on unauthorized service charges on consumers phone bills. that and other issues in front of the sec on "the communicators" on c-span2. >> have you ever visited the library of congress? over 2 million people have a now this is your chance to tour the world's largest library....
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Jul 31, 2011
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the floor here from the state of pennsylvania has come in and said defaulting on the debt is not that big a deal. it can be, quote in his words, easily managed. does the senator from arizona agree with that thinking? mr. mccain: as the senator may know, i came to the floor a couple of days ago and made that comment, and the senator from illinois and i are in agreement, point number one. you can prioritize -- i think the senator and every economist i know literally would agree. you can prioritize for awhile where you want what remaining money is left. but the message you send to the world, not just our markets but to the world, that the united states of america is going to default on its debts is a totally unacceptable scenario and beneath a great nation. we are in agreement, number one. mr. durbin: amen. mr. mccain: number two is that to insist, to insist that any agreement is based on the passage through the united states senate of a balanced budget amendment to the constitution of the united states, as i said before, is not fair to the american people because, because the terrible obstr
the floor here from the state of pennsylvania has come in and said defaulting on the debt is not that big a deal. it can be, quote in his words, easily managed. does the senator from arizona agree with that thinking? mr. mccain: as the senator may know, i came to the floor a couple of days ago and made that comment, and the senator from illinois and i are in agreement, point number one. you can prioritize -- i think the senator and every economist i know literally would agree. you can...
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Jul 29, 2011
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medicare, they'd rather cut medicaid and jeopardize social security, while they give tax subsies to big oil, making record profits, tax breaks to corporations sending jobs overseas, and tax breaks to the wealthiest people in our country at the expense of the education of their children and health and well being of our country. i hope that the house will reject this measure. i know that people of good intentn to reduce the deficit can find a path to do that. it can't be too late because we have a deadline on august 2. but i want to pay my respects to president obama, who has been respectful of every suggestion proposed by the republicans, giving it the time and attention that they thought it deserved. he tried to accommodate all of those, to have a balanced, bipartisan approach, and what did the republicans do? walk away from the table. the american people know about this. that's why 50-something percent of the american people support the balanced, bipartisan approach that the president says we should strive to achieve and only about 19% of the american people support the proposal that i
medicare, they'd rather cut medicaid and jeopardize social security, while they give tax subsies to big oil, making record profits, tax breaks to corporations sending jobs overseas, and tax breaks to the wealthiest people in our country at the expense of the education of their children and health and well being of our country. i hope that the house will reject this measure. i know that people of good intentn to reduce the deficit can find a path to do that. it can't be too late because we have...
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Jul 28, 2011
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. >> is this as big as we wanted to go? heck, no. we wanted to go bigger. we ran on going bigger. but this is the only proposal on the table that accomplishes the goals that we set out to do. >> progress but apparently and this is why we have such a drama unfolding on capitol hill, not enough progress. the speaker is still short the votes. he's delayed the key vote, a key vote to not only if you are sitting at home, maybe you think the debt ceiling should be raised, maybe you should, it's a fundamentally important political showdown, some people think the speaker's hold on his job could be in jeopardy if he loses this vote. let's go to kate bolduan, do they believe they can twist enough arms to get enough votes to pass this tonight? >> reporter: fabulous question this evening and one that is very hard to answer at this moment. i can tell you, let me just give you the lay of the land what you can probably see a little bit of, john, you were talking about the speaker's office, it's right down the hallway, what we're seeing now rank-and-file members going in and out of the house spea
. >> is this as big as we wanted to go? heck, no. we wanted to go bigger. we ran on going bigger. but this is the only proposal on the table that accomplishes the goals that we set out to do. >> progress but apparently and this is why we have such a drama unfolding on capitol hill, not enough progress. the speaker is still short the votes. he's delayed the key vote, a key vote to not only if you are sitting at home, maybe you think the debt ceiling should be raised, maybe you...
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Jul 25, 2011
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i'm paying taxes big time all my life. now the thing is, i am so upset with the ignorance with the calls that come in and it's devastating to say that the rich are helping the poor to get jobs is absolutely ludicrous. i am so upset because there's a goal to tear down the little guy, of course, and then, of course, the goal is to destroy obama which is unspeakable. the middle class and the poor are suffering. and all because of money, money, money. that's what's so upsetting to me. >> guest: well, there's absolutely no question that there's a growing gap between the have's and have not's in the world and in the united states as well. and it's not just an issue of wealth, although that's clearly one of the issues. it's also an issue of education, which is going to have profound impacts on us in the future. importantly, the comprehensive tax reform that's outlined in the comeback america restoring fiscal insanity report under both frame works anyone who makes something above the poverty level will pay something. those who end
i'm paying taxes big time all my life. now the thing is, i am so upset with the ignorance with the calls that come in and it's devastating to say that the rich are helping the poor to get jobs is absolutely ludicrous. i am so upset because there's a goal to tear down the little guy, of course, and then, of course, the goal is to destroy obama which is unspeakable. the middle class and the poor are suffering. and all because of money, money, money. that's what's so upsetting to me. >>...
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>> the president believes that we have to think big and act big, because as i mentioned before, there have been events and decisions that have led us to this point and they include the terrible recession, the worst since the great depression we went through. the fact that because congress wouldn't act, he apointed the commission and they delivered a report. we have the outside report. and we have the president's framework he put forward and the republican budget that passed the house, all of which describe a problem and a solution in generally the same terms. the big exception is three to one, they propose solutions that demand a balanced approach which the president supports. this is not the kind of situation that comes around very frequently and the president believes that it is worth the inevitable political difficulty making tough choices creates to get this done for the american people, for the american economy. so he does not share the view, does not believe it is wise to pursue a short-term solution that essentially would be kicking the can down the road and not at all addressi
>> the president believes that we have to think big and act big, because as i mentioned before, there have been events and decisions that have led us to this point and they include the terrible recession, the worst since the great depression we went through. the fact that because congress wouldn't act, he apointed the commission and they delivered a report. we have the outside report. and we have the president's framework he put forward and the republican budget that passed the house, all...
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Jul 25, 2011
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now we'll get to see it again on the big screen. the chilean miners say they have sold the rights to their story hollywood producer behind the films shutter island and black swan. you will recall the miners got stuck deep below the surface of the earth in august. they survived for than two weeks before officials even rilized they were there. more than two months later rescue crews managed to drive escape shafts through a half mile of rock and the world watched as they finally pulled each and every miner to safety. we're told production on the film begins next year. a half dozen baby gorillas on their way home after officials rescued them from traffickers. we will show you what their captors were planning to do to them coming up. plus we all know that back to the future was just a movie, right? some scientists decided to take a closer look at time travel. so what do you think they found? here's a hint. you can't fast forward through the commercial break to know immediately. that's helping peope rethink how they live. in he, the plann
now we'll get to see it again on the big screen. the chilean miners say they have sold the rights to their story hollywood producer behind the films shutter island and black swan. you will recall the miners got stuck deep below the surface of the earth in august. they survived for than two weeks before officials even rilized they were there. more than two months later rescue crews managed to drive escape shafts through a half mile of rock and the world watched as they finally pulled each and...
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Jul 30, 2011
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as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's the exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan mann reporting. >>> all right. we've got a story we want you to stick around for coming up next. could you believe that a soldier actually served ten tours in a war zone. i want to tell
as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's...
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big question now. what changes, mike, did the speaker have to make to get the votes that he needed on this? >> harris, bottom line he put in a balanced budget amendment proposal that was the key for some conservative republicans who weren't quite comfortable with the speaker's plan. got him to the 218 votes necessary. but before the votes were cast, here is some of the speaker's passionate plea to his fellow republicans. >> this house has acted. it is time for the administration and time for our colleagues across the aisle put something on the table. tell us where you are. [cheers] >> and indeed that has been a rallying cry of republicans here on capitol hill. where is your plan, mr. president? where is your plan, senate democratic leadership? as for the senate democratic leadership what they don't like about it is the balanced budget amendment among other things but that is a key sticking point. take a listen. >> now the speaker has brought in the requirement to extend the debt ceiling we have to amen
big question now. what changes, mike, did the speaker have to make to get the votes that he needed on this? >> harris, bottom line he put in a balanced budget amendment proposal that was the key for some conservative republicans who weren't quite comfortable with the speaker's plan. got him to the 218 votes necessary. but before the votes were cast, here is some of the speaker's passionate plea to his fellow republicans. >> this house has acted. it is time for the administration and...
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on the one hand we have people who say the government has grown too big. republicans are saying we cannot afford it anymore. it is hurting the economy. it's a vision for the future that is very, very different from our colleagues across the aisle who basically see government as much more engaged in the process and don't want to cut back on a number of programs, a number of initiatives, a number of policies that have been put in place over a number of years. and it's not quite that clearly divided by this aisle. there are people on both sides that have shades of one way or shades of the other way. but the reality is, if we look around the world and we lack at models as to what makes economies flourish and what makes governments financially stable, we see that an overgrowth of promises, an overpromising parliaments and congresses finally brings us to the point where you no longer can afford what you promise people. that's where we are now. and so without putting those practices in place, i fear that whatever we do won't be sufficient. we'll get the downgrade
on the one hand we have people who say the government has grown too big. republicans are saying we cannot afford it anymore. it is hurting the economy. it's a vision for the future that is very, very different from our colleagues across the aisle who basically see government as much more engaged in the process and don't want to cut back on a number of programs, a number of initiatives, a number of policies that have been put in place over a number of years. and it's not quite that clearly...
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i'm a big proponent of regular order. i believe we get the best work product out of this body when we work through regular order and we've done that time and time and time again in this congress and we'll do it time and time again in the future. but today we're faced with a predicament where august 2 is looming on the horizon. now, it's friday, for folks who don't know, we're not going home tonight after work. don't worry, madam speaker, as you know, this house is going to be in full swing tonight, tomorrow morning, tomorrow night , on sunday, on monday to get america through this challenge. but my white house, my president tells me that august 2 is the day by which we must pass a bill and here we are at the last hour to make that happen. now, why are we at the last hour? that was a question my friend from colorado asked and i have the answer. because we didn't actually start this process today. we didn't start it last night in the rules committee, we started this process back in february with h.r. 1, a bill to fund the g
i'm a big proponent of regular order. i believe we get the best work product out of this body when we work through regular order and we've done that time and time and time again in this congress and we'll do it time and time again in the future. but today we're faced with a predicament where august 2 is looming on the horizon. now, it's friday, for folks who don't know, we're not going home tonight after work. don't worry, madam speaker, as you know, this house is going to be in full swing...
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the all-time record is the big, big heat of 1980 when they went 42 days in a row. today should be day 29, and look at this. they're going to get up into the 30s. look how hot it is on tuesday and wednesday. we have a chance of beating this incredible streak that no one thought we would touch from 1908, one of the hottest summers ever in the midwest. today's forecast -- actually, this is sunday's forecast first. tomorrow we're going to see those thunderstorms in the southeast. monsoonal showers. no one is really going to get washed out. the best chance would be in eastern north carolina. because i mixed up the days, here's your saturday with today's forecast. looks like the rain from don is going to stay whatever is left in mexico. showers and storms and areas of tennessee. it's just amazing that we just can't break this heat wave. it's literally going to take probably a big tropical storm or hurricane to do that, and there's nothing on the way for at least another week. >> okay. well, thanks for taking a look out there for us. bill karins. >>> biologists say they'r
the all-time record is the big, big heat of 1980 when they went 42 days in a row. today should be day 29, and look at this. they're going to get up into the 30s. look how hot it is on tuesday and wednesday. we have a chance of beating this incredible streak that no one thought we would touch from 1908, one of the hottest summers ever in the midwest. today's forecast -- actually, this is sunday's forecast first. tomorrow we're going to see those thunderstorms in the southeast. monsoonal showers....
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Jul 29, 2011
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that balanced budget amendment is the big sticking point. harry reid wants to vote down the house republican plan and has a plan of his own. one increase in the debt ceiling would allow the president to borrow another $2.4 trillion. it would have about $2.2 trillion in cuts to offset the new borrowing. some from save negotiation afghanistan and iraq. the republican doesn't trust the math and a committee that would have to be formed for additional deficit reduction steps. that is where we stand. the house republicans have their plan, the democrats do have theirs? can they work out a compromise by monday night, august 2nd, at midnight. the government would have less money coming in than it needs to pay out in bills. eric ericson, as a conservative, what is the line? do you want any deal? don't go to the point where we might have a default? or is it a balanced budget amendment, size of the spending cuts? what is the red line for conservatives in a compromise negotiation, what should it be? >> you know, i tend to agree with jeff lake, send s.j.
that balanced budget amendment is the big sticking point. harry reid wants to vote down the house republican plan and has a plan of his own. one increase in the debt ceiling would allow the president to borrow another $2.4 trillion. it would have about $2.2 trillion in cuts to offset the new borrowing. some from save negotiation afghanistan and iraq. the republican doesn't trust the math and a committee that would have to be formed for additional deficit reduction steps. that is where we stand....
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Jul 1, 2011
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or are you on the side of big oil? now, there are lots of ways to cut the deficit, but saving taxpayer subsidies for big oil while ending medicare as wenow it and cutting student loans is not, in my mind, a solution. it makes no sense, mr. president, to give a taxpayer h. funde of it funded o the big five oil companies earning huge profits a month, they're going to earn about $144 billion this profits thisear alone and say to families, oh, no, you have to sacrifice even more. now, those on the other side of the aisle would tell a middle-class student, whose family earns a medium family income of about a little over $50,000, that, no, you can't go to college. you can't get a pell grant from the federal government. but exxonmobil, a company that will earn $42.6 billion in profits this year, needs government assistance. and they will continue to come to this floor, look america in the eye, and say that that somehow is commonsense deficit reduction. mr. president, there simply is no commonsense explanation for balancing th
or are you on the side of big oil? now, there are lots of ways to cut the deficit, but saving taxpayer subsidies for big oil while ending medicare as wenow it and cutting student loans is not, in my mind, a solution. it makes no sense, mr. president, to give a taxpayer h. funde of it funded o the big five oil companies earning huge profits a month, they're going to earn about $144 billion this profits thisear alone and say to families, oh, no, you have to sacrifice even more. now, those on the...
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Jul 30, 2011
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that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from their position that they support the house speaker john boehner's bill. what we're seeing a lot of is a lot of back and forth here. it is a very fluid situation as you know, wolf. one thing we're keeping our eye on is potential for a very late night, 1:00 a.m. vote, the first test, a test vote for senator reid's proposal to raise the federal debt ceiling as he's pushing that proposal forward at the same time. >> they need 60 votes for reid's proposal to get through the senate because the republicans at least some of them a
that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from...